Dailyhunt Logo
News|Video|Viral
  • Light mode
    Follow system
    Dark mode
    • Play Story
    • App Story
Why founders of Groww have sold shares worth ₹260cr

Why founders of Groww have sold shares worth ₹260cr

NewsBytes 1 month ago
The promoters and promoter group of wealth-tech firm Groww have sold a combined 0.23% stake in the company for ₹250-260 crore. The move marks the founders' first major liquidity event in nearly a decade.
The sale of 1,44,58,797 shares is likely to be used for funding start-ups and philanthropic activities, sources told Moneycontrol.
NewsBytes

NewsBytes

35k followers241k Stories

Dailyhunt
Disclaimer: This content has not been generated, created or edited by Dailyhunt. Publisher: NewsBytes